{"id":435314,"date":"2026-05-10T21:50:10","date_gmt":"2026-05-10T21:50:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/435314\/"},"modified":"2026-05-10T21:50:10","modified_gmt":"2026-05-10T21:50:10","slug":"big-super-chiefs-covert-government-push-threatens-up-start-rivals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/435314\/","title":{"rendered":"Big super chiefs\u2019 covert government push threatens up-start rivals"},"content":{"rendered":"<p>A handful of the nation\u2019s largest and most powerful superannuation funds has urged the Albanese government to ban a popular and controversial investment structure used by rivals, which has been blamed for wealthy Australians losing more than $1 billion.<\/p>\n<p>The group, led by Aware Super chief executive Deanne Stewart, includes about a dozen chief executives of some of the biggest retail and industry superannuation funds, who are pushing for a ban on trustees, such as Diversa and Equity Trustees, acting for wealth platforms.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"A handful of the nation\u2019s largest and most powerful superannuation funds has urged the Albanese government to ban&hellip;\n","protected":false},"author":2,"featured_media":435315,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":["post-435314","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/435314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=435314"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/435314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/435315"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=435314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=435314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=435314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}